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Sudbury, Ontario (Newsfile Corp. - March 8, 2021) - SPC Nickel Corp. (TSXV: SPC) ( SPC Nickel , the Company ) today announces that, subject to regulatory approval, it has engaged the services of Independent Trading Group ( ITG ) to provide market-making services in accordance with TSX Venture Exchange ( TSX-V ) policies. ITG will trade shares of the Company on the TSX-V and all other trading venues with the objective of maintaining a reasonable market and improving the liquidity of the Company s common shares.
The agreement is for an initial term of three months and will renew for additional one-month terms unless terminated. The agreement may be terminated by either party with 30 days notice. Pursuant to the Terms of the Agreement, ITG will receive $5,000 per month. There are no performance factors contained in the agreement and ITG will not receive shares or options as compensation. ITG and the Company are unrelated and unaffiliated entities and at the time of the agreeme